New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    30 kg of rice ‘A' is purchased for Rs 7/kg

    while 28 kg of rice ‘B’ is purchased for Rs 5/kg. If the mixture of the both types of rice is sold at Rs 8/kg, then find the profit/loss incurred to the seller.
    A Rs. 141 Correct Answer Incorrect Answer
    B Rs. 194 Correct Answer Incorrect Answer
    C Rs. 114 Correct Answer Incorrect Answer
    D Rs. 141 Correct Answer Incorrect Answer
    E Rs. 145 Correct Answer Incorrect Answer

    Solution

    Total cost price = 30 × 7 + 28 × 5 = Rs. 350
    Total selling price = (30 + 28) × 8 = Rs. 464
    Profit earned = 464 – 350 = Rs. 114

    Practice Next